Patrick Ind. Gains, Three Major Indexes Barely Budge

Better-than-expected housing market news and anticipation of the fed chairman’s remarks due Friday kept U.S. stocks in mixed limbo today, making small change in either direction, as the three major indexes moved 0.17% or less. CNNMoney reports the Dow Jones Industrial Average fell -21.68 points, -0.17%, to end at 13,102.99. The Nasdaq moved up 0.13 percent to 3,077.14, while the S&P dropped -0.08 percent to 1,409.30. The Yahoo! Finance Manufactured Housing Composite fell -0.18 percent to close at 992.3. Housing stocks we follow closed mixed or even, although Patrick Industries advanced well, moving up +4.76%, +0.61, to end the day at 13.42. Skyline Corp. fell the most of tracked stocks, dropping -3.85%, -0.19, to close at 4.75. Affiliated Managers Group 118.66 +0.62 (+0.53%). Cavco Industries 45.26 -0.11 (-0.24%). Clayton Homes, Vanderbilt Mortgage and Finance, as well as MH home-building, lending and other housing suppliers parent company Berkshire Hathaway 127,502 -696.00 (-0.54%). Drew Industries 28.98 -0.02 (-0.07%). Champion, Liberty Homes, Deer Valley and Palm Harbor all remained unchanged. Equity Lifestyle Properties 68.84 +0.59 (+0.86%). Louisiana Pacific Corp. 13.44 -0.17 (-1.25%). Nobility Homes 5.51 +0.11 (+2.04%). Sun Communities 46.00 -0.03 (-0.07%). Third Avenue Value Fund (8-24) 47.22 -0.02 (-0.04%). Universal Forest Products Inc. 37.15 +0.55 (+1.50%). UMH Properties 11.31 +0.03 (+0.27%).

(Graphic credit: CNNMoney and RealTick)

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